FARGO (AP) - The mayor of a North Dakota town located in the path of a proposed Red River diversion channel says real estate prices are showing some life because of plans for a ring levee.
Oxbow Mayor Jim Nyhof tells The Forum newspaper (http://bit.ly/19uaEUO ) that three homes have sold since the Red River Diversion Authority approved the levee in May. He says a fourth home is about to close.
Nyhof says no homes sold in the community of about 300 people from 2009 to 2012, after Fargo and Moorhead, Minn., leaders unveiled the diversion plan.
The proposed $2 billion diversion would move water around Fargo and Moorhead, but a holding area that would be needed in times of serious flooding has put Oxbow and other residents south of the metro in jeopardy.